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Oil Prices

Over the Quotas

Tuesday, November 13, 2001

The price of crude oil has fallen to US$18 per barrel. Just how serious a threat is this for next year's budget?

arsip tempo : 173169677671.

. tempo : 173169677671.

DURING the last few months, world oil prices have been like a jet flying really low over Afghanistan territory. They have dropped from a height of US$27 per barrel to US$22 per barrel, and then dived even further. OPEC member countries are very concerned about these significant price drops.

It is expected that the atmosphere at the OPEC ministerial level meeting that starts on Wednesday this week in Vienna will be full of pessimism.

The fir

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